9062 SW 147th Ct

Miami, FL 33196 · single_family · For Sale · 117 days on market
Asking price$509,900
4 beds 2 baths 1,449 sqft
Suggested offer$459,213$50,687 above the est. market value of $459,213.
View on Realtor.com →
Listed by Carlos T. Ramos · BRKRS
Typesingle_family
Built1986
Price / sqft$352
Est. value (own analysis)$459,213
Rent estimate (own analysis)$3,600/mo
HOA$69/mo
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2026-05-08
Removed date
MLSMiamiMLS #A12015600
Coordinates25.68217, -80.43115
Address9062 SW 147th Ct
CityMiami
StateFL
Zip33196
Listing ID5751006361
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33196)

Typical home value (ZHVI)$568,371
Typical rent (ZORI)$2,615/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.

Underwriting (buy-and-hold, default assumptions)

Purchase price$509,900
Down payment (20.0%)$101,980
Loan amount$407,920
Closing costs (5.0%)$25,495
Total cash to close$127,475
Rent (comp-derived)$3,600$43,200
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$43,200
Vacancy rate (assumption) assumption8.0%

$43,200 × 8.0% = $3,456

Effective gross income$3,312$39,744
Property tax (placeholder 1.9% of price)$807$9,688
Insurance (placeholder 0.8% of price)$340$4,079
HOA dues$69$828
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$180$2,160
Total operating expenses$1,396$16,755
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$39,744
Total operating expenses derived$16,755

$39,744 − $16,755 = $22,989

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$407,920
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$407,920 amortized at 6.7% over 30 years = $2,621/mo

CapEx reserve (5.0% of GSR)$180$2,160
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$22,989
Annual debt service derived$31,457
Annual CapEx reserve assumption$2,160
Annual PMI assumption$0

($22,989 − $31,457 − $2,160 − $0) ÷ 12 = -$886

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$22,989
Purchase price data$509,900

$22,989 ÷ $509,900 = 4.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$10,628
Total cash to close derived$127,475

-$10,628 ÷ $127,475 = -8.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$22,989
Annual debt service derived$31,457

$22,989 ÷ $31,457 = 0.73

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$43,200
Purchase price data$509,900

($43,200 ÷ 12) ÷ $509,900 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$509,900
Gross scheduled rent (annual) comp$43,200

$509,900 ÷ $43,200 = 11.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$16,755
Effective gross income derived$39,744

$16,755 ÷ $39,744 = 42.2%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$16,755
Annual debt service derived$31,457
Annual PMI assumption$0
Gross scheduled rent (annual) comp$43,200

($16,755 + $31,457 + $0) ÷ $43,200 = 111.6%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family421,577$3,5002026-07-27
single_family441,538$3,8502026-06-16
single_family431,332$3,7002026-07-30
single_family431,908$5,1002026-08-25
single_family421,175$3,230
single_family421,305$3,950
single_family421,906$3,2002026-08-28
single_family431,568$3,4502026-08-29

9128 SW 162nd Pl

Miami, 33196 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,577
Listed2026-07-27
Days on market

Asking rent: $3,500

View on Zillow →

14795 SW 97th Ter Unit 0

Miami, 33196 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage1,538
Listed2026-06-16
Days on market

Asking rent: $3,850

View on Zillow →

14003 SW 147th Ct

Miami, 33196 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,332
Listed2026-07-30
Days on market

Asking rent: $3,700

View on Zillow →

15932 SW 101st Ter Unit 15932

Miami, 33196 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,908
Listed2026-08-25
Days on market

Asking rent: $5,100

View on Zillow →

11989 SW 150th Pl # 33196

Miami Gardens, 33196 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,175
Listed
Days on market

Asking rent: $3,230

View on Zillow →

14263 SW 177th Ave

Miami, 33196 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,305
Listed
Days on market

Asking rent: $3,950

View on Zillow →

10002 SW 162nd Ct Unit 10002

Miami, 33196 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,906
Listed2026-08-28
Days on market

Asking rent: $3,200

View on Zillow →

10615 SW 147th Ct

Miami, 33196 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,568
Listed2026-08-29
Days on market

Asking rent: $3,450

View on Zillow →

Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.

AddressTypeBedsBathsLiving sqftSale priceSale date
16065 SW 136th Tersingle_family432,597$775,0002026-08-21
14826 SW 110th Tersingle_family432,136$725,0002026-08-12
14172 SW 148th Plsingle_family431,653$725,0002026-08-07
10500 SW 159th Ctsingle_family422,324$725,0002026-07-30
16058 SW 136th Waysingle_family432,597$825,0002026-07-24
14762 SW 143rd Tersingle_family432,720$700,0002026-07-24
14824 SW 112th Stsingle_family422,201$785,0002026-07-22
15330 SW 144th Tersingle_family422,531$850,0002026-07-22
15804 SW 112th Tersingle_family432,124$414,0002026-07-17
9435 SW 156th Plsingle_family422,072$680,0002026-07-16
15596 SW 110th Tersingle_family432,155$760,0002026-07-15
9586 SW 155th Avesingle_family442,036$847,0002026-07-13
14918 SW 93rd Stsingle_family431,784$645,0002026-07-13
14789 SW 142nd Stsingle_family422,193$695,0002026-07-09
10138 SW 161st Avesingle_family431,908$740,0002026-07-07
15174 SW 111th Stsingle_family432,268$747,0002026-07-07
15901 SW 136th Waysingle_family431,977$665,0002026-07-07
15351 SW 146th Stsingle_family432,795$875,0002026-07-06
15465 SW 114th Stsingle_family43$950,0002026-07-01
15500 SW 99th Lnsingle_family432,628$750,0002026-06-30
14461 SW 152nd Ctsingle_family432,153$720,0002026-06-30
15374 SW 141st Tersingle_family422,458$650,0002026-06-29
15965 SW 98th Stsingle_family432,312$852,5002026-06-26
11504 SW 152nd Ctsingle_family432,549$776,2502026-06-26
14170 SW 152nd Plsingle_family432,166$750,0002026-06-26
9329 SW 151st Avesingle_family422,060$650,0002026-06-25
9108 SW 165th Plsingle_family422,005$632,0002026-06-17
14231 SW 161st Plsingle_family421,768$715,0002026-06-15
15542 SW 112th Drsingle_family432,511$665,0002026-06-09
17116 SW 92nd Stsingle_family432,460$750,0002026-06-08
15877 SW 136th Waysingle_family431,977$665,0002026-06-05
14133 SW 152nd Ctsingle_family442,351$740,0002026-05-15
9253 SW 149th Plsingle_family431,784$500,0002026-05-15
15139 SW 153rd Ctsingle_family432,743$1,300,0002026-05-15
10889 SW 149th Plsingle_family432,255$625,0002026-05-13
11581 SW 151st Plsingle_family432,776$799,0002026-05-11
9141 SW 162nd Ctsingle_family421,577$590,0002026-05-11
9526 SW 155th Avesingle_family421,875$652,5002026-05-06
15932 SW 146th Tersingle_family421,930$600,0002026-05-04
15025 SW 96th Tersingle_family442,733$760,0002026-05-04
15563 SW 115th Stsingle_family462,504$1,165,0002026-05-01
15313 SW 138th Tersingle_family422,269$675,0002026-04-30
10102 SW 158th Ctsingle_family432,416$873,8002026-04-28
14723 SW 142nd Stsingle_family432,193$710,0002026-04-28
9102 SW 170th Ctsingle_family433,000$806,0002026-04-27
15416 SW 99th Lnsingle_family432,628$750,0002026-04-24
14404 SW 158th Ctsingle_family432,062$650,0002026-04-24
9465 SW 155th Avesingle_family432,353$720,0002026-04-17
10831 SW 152nd Ctsingle_family421,905$699,0002026-04-16
14152 SW 154th Ctsingle_family432,515$670,0002026-04-13

Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.

AddressTypeBedsBathsSqftAsking priceDays on market
16162 SW 143rd Stsingle_family442,310$990,000
10135 SW 156th Avesingle_family422,243$799,000
14161 SW 153rd Avesingle_family432,249$830,000
13659 SW 158th Avetownhomes442,152$649,900
10051 SW 147th Plsingle_family432,272$740,000
15234 SW 140th Stsingle_family422,368$789,500
15233 SW 141st Stsingle_family432,142$785,000
14750 SW 152nd Ctsingle_family433,004$995,000

10-year hold projection

IRR4.8%
Equity multiple1.77x
Total return (10yr)$165,224
YearProperty valueNOICash flowLoan balanceEquity
1$525,197$22,989-$10,628$403,497$121,700
2$540,953$23,762-$9,909$398,771$142,182
3$557,182$24,561-$9,165$393,720$163,462
4$573,897$25,386-$8,397$388,322$185,575
5$591,114$26,238-$7,604$382,553$208,560
6$608,847$27,117-$6,784$376,389$232,458
7$627,113$28,025-$5,936$369,801$257,312
8$645,926$28,963-$5,061$362,760$283,166
9$665,304$29,932-$4,157$355,237$310,067
10$685,263$30,932-$3,223$347,196$338,067
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.